Normand Vision CSV Delivered to Solstad
Solstad Offshore ASA (SOFF) took delivery of Normand Vision (CSV) from Vard Group AS, Søviknes.
The vessel started directly on a 8 year firm chart with Ocean Installer AS with additional 2 yearly options.
Normand Vision is a large, sophisticated subsea vessel with a length of 157 meters. She has a 400 ton subsea crane, a 3000 ton under-deck carousel and a 150 ton VLS (Vertical Lay System).
The overall cost for the vessel is approx. USD 250 mill, including the VLS.
A long-term facility of USD 187,5 million has been drawn from Eksportkreditt Norge AS, guaranteed by SpareBank 1 SR-Bank ASA and GIEK.
Related:
Solstad Obtains Ownership in CSV Normand Vision
Press Release, July 02, 2014; Image: Solstad
